By StartupChi Team – May 17, 2024

Introduction

In an era where digital presence can make or break a business, BuiltRight is stepping in to ease the web development woes of home service companies with its innovative AI-driven platform. Today, the company announced a successful $250,000 in pre-seed funding, a move that highlights the growing demand for cost-effective and efficient website solutions in the B2B space. With this round, BuiltRight aims to empower more businesses to establish their online identities swiftly and affordably.

Background

Founded by a team of skilled technologists and entrepreneurs passionate about the home service industry, BuiltRight originated from the challenges faced by small businesses in creating an engaging online presence. Recognizing a significant gap in the market, the team leveraged the latest advancements in artificial intelligence to craft a platform that allows home service providers to generate websites faster, better, and cheaper than traditional methods. BuiltRight stands out in a competitive landscape increasingly on the lookout for digital solutions that offer both affordability and efficiency.

Funding Details

This latest funding round brings BuiltRight’s total funding to $1.5 million across two rounds, underlining a strong momentum for the nascent company. With Antler as its primary investor, BuiltRight has secured the necessary capital to further develop its platform and scale operations. While the pre-money valuation remains undisclosed, the investor confidence suggests a bright outlook as they look to capture the growing market of tech-savvy home service businesses.

Competitive Landscape

Within the booming B2B technology market, BuiltRight faces various competitors, from established web development tools to emerging startups. However, its unique selling proposition lies in its use of AI to streamline the entire website creation process, which is often a cumbersome endeavor for traditional web developers. As demand for quick installation and customization rises, BuiltRight is positioned to gain a competitive edge, offering slick, tailored solutions specifically for home service providers.

Future Plans

Looking ahead, BuiltRight plans to utilize the new funding to enhance its product offerings and expand its reach into new markets. The company is focused on investing in product development to refine its AI capabilities further and improve user experience. Additionally, BuiltRight aims to grow its team, enabling the pursuit of innovative features that address the evolving needs of home service businesses.

For more insights into how BuiltRight is changing the landscape of digital presence for service providers, visit their website at BuiltRight.co.

Pre Seed Round – BuiltRight:

• Organization Name: BuiltRight
• Organization Description: BuiltRight helps home service businesses generate their website faster, better and cheaper than ever before using AI.
• Website: builtright.co
• Funding Type: Pre-Seed
• Funding Round: Pre Seed Round – BuiltRight
• Money Raised: $250,000
• Announced Date: May 17, 2024
• Funding Stage: Seed
• Pre-Money Valuation: —
• Equity-Only Funding: Yes
• Industries: B2B, , ,
• Revenue: —
• Total Funding: $1,500,000
• Funding Status: Seed
• Number of Funding Rounds: 2
• Lead Investor: —
• Investors: , , ,
• Number of Investors: 1
• Number of Partner Investors: —